Author: William Gibson

SPX – 1197.52 DJIA – 11,092 “The trend is your friend unless the trend is about to end.” -Tom DeMark A Jerry Favors “sell-the-next-rally” daily swing chart pattern came into play April Fools...

SPX – 1197.11 DJIA – 11,005 “One year into the current bull market I like what I see: globally improving fundamentals plus strong societal skepticism. Snarky, cranky sentiment and better fundamentals...

SPX – 1187.44 DJIA – 10,973 “I think the economy is moving towards escape velocity…that we walked back from the brink of depression and that there is a great deal under way that should result in...

SPX – 1173.22 DJIA – 10,895 “The inherent vice of capitalism is the unequal sharing of the blessings. The inherent  blessing of socialism is the equal sharing of misery.” -Winston Churchill Consensus...

SPX – 1165.81 DJIA – 10,785 “If you want to lose in the market, buy what’s popular when it’s popular and don’t bother to understand the underlying businesses involved.” -Marty Whitman...

SPX- 1149.99 DJIA – 10,624 “No one would blame you for thinking the market is a textbook delusional- paranoid-schizophrenic, not knowing the difference between the real and unreal. And you’d be right. But...

SPX – 1138.50 DJIA – 10,552 “The disparity between hope on Wall Street and malaise on Main Street continues. I have never seen anything like it. Perhaps it is dangerous to draw a conclusion, but for now I...

SPX – 1115.71 DJIA – 10,403 “Economics is a powerful tool, a lens for organizing one’s thinking about the complexity  of the world around us… If economics is a science, it is more like biology...

SPX – 1108.01 DJIA – 10,383 February 23, 2010 “The inherent vice of capitalism is the unequal sharing of the blessings. The inherent blessing of socialism is the equal sharing of misery.” -Winston...

S&P 500 – 1075.51 DJIA – 10,099 February 16, 2010 “More than any other time in history, mankind faces crossroads. One path leads to despair and utter hopelessness, the other to total...